• Arthur Hayes indicted BitMEX
    Cryptocurrencies,  Regulation,  United States

    BitMEX CEO Arthur Hayes facing jail for AML violations

    The derivatives exchange’s founder has been charged with violating anti-money-laundering laws by the U.S. Attorney, and sued by that CFTC for the same thing

    Hayes, along with the Seychelles-based cryptocurrency derivatives exchange’s co-founders Benjamin Delo, Samuel Reed, and head of business development Gregory Dwyer have been charged with violating the Bank Secrecy Act and conspiring to violate the Bank Secrecy Act by failing to put sufficient anti-money-laundering safeguards in place. Each charge carries a maximum penalty of five years in prison.

  • message calling Craig Wright a liar
    Bitcoin,  People

    Andreas Antonopoulos confirms: BTC-signed message calling Craig Wright a liar is legit

    Is it an ‘Ah-ha!’ moment or an ‘Uh oh!’ moment for Ira Kleiman, who is suing for half of the $10 billion in bitcoins Wright claims he mined as Bitcoin creator Satoshi Nakamoto?

    The credibility of Craig Wright’s claim to be Bitcoin creator Satoshi Nakamoto took another hit on May 25, when he was called a liar in a message signed by 145 of the 16,404 Bitcoin block's addresses he told a court in January he had mined.

  • betting on Bitcoin
    Bitcoin,  People

    ‘The fastest horse’—billionaire who predicted 1987 crash is betting on Bitcoin

    Paul Tudor Jones is betting some $400 million that Bitcoin will be the best-performing asset of the decade, and his endorsement could trigger an inflow of investment

    Tudor Investment Corp.’s flagship BVI fund has $22 billion, making Jones’ Bitcoin investment close to $440 million. It comes at a particularly opportune moment, as today’s Bitcoin halving attracts a lot of attention, and suggests the price of BTC is about to begin a long bull run.

  • third bitcoin halving
    Bitcoin

    Halve time report

    With the number of new bitcoins mined every 10 minutes dropping by 50% today, history—and a lot of investors—says BTC is about to begin a long bull run. But will it?

    The third Bitcoin halving is here, bringing with it a lot of hype. Why? Well, at the first halving, BTC was $12, and spiked as high as $1,132. At the second, it was $648 and climbed as high as $19,497. For the third Bitcoin halving, today, it was at $8,763.